Rhumbix - About the company
Rhumbix is a series B company based in San Francisco (United States), founded in 2014 by Drew Dewalt and Zachary Scheel. It operates as an AI-powered SaaS-driven timekeeping and safety management software for construction professionals. Rhumbix has raised $53M in funding from investors like Blackhorn Ventures, Tenfore Holdings and Greylock Partners. The company has 103 active competitors, including 11 funded and 7 that have exited. Its top competitors include companies like Buildforce, Workyard and Jizaie.
Company Details
AI-powered SaaS-driven timekeeping and safety management software for construction professionals. Features include time tracking, material tracking, timekeeping, payroll tracking, production tracking, reporting tools, workflow and CRM management, document and HR system management, accounting management, analytics, and more.
- Website
- www.rhumbix.com/
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series B
Total Funding
$53M in 7 rounds
Latest Funding Round
Investors
Ranked
2nd among 103 active competitors
Employee Count
24 as on Oct 31, 2026
Similar Companies
Legal entities associated with Rhumbix
Rhumbix is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
RHUMBIX INC. CIN: 465052687 , United States, Active | Dec 31, 2013 | - | 15 (As on Dec 31, 2024) | - |
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Rhumbix's funding and investors
Rhumbix has raised a total funding of $53M over 7 rounds. Its first funding round was on Sep 03, 2015. Its latest funding round was a Series B round on Oct 11, 2022 for $*****. 1 investor participated in its latest round. Rhumbix has 17 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Rhumbix:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 11, 2022 | 9660865 | Series B | 6368216 | 7173103 | 9488670 | 9073718 |
May 13, 2021 | 2999348 | Series B | 4691524 | 1424334 | 6444071 | |
Jun 20, 2019 | 7879530 | Series B | 8546557 | 2058664 |
View details of Rhumbix's funding rounds and investors
Rhumbix's founders and board of directors
Founder? Claim ProfileHere are the details of Rhumbix's key team members:
- Drew Dewalt: Co-Founder & COO of Rhumbix. They serve on the board of 1 company.Contact Info: 1 email address
- Zachary Scheel: Co-Founder & CEO of Rhumbix. They serve on the board of 1 company.
Rhumbix's Board of Directors
Rhumbix's board has 9 active members. Bill Smith, Trevor Zimmerman, Scott Lynn, Daniel Levine, Drew Dewalt, Zachary Scheel, Lyon Wong, Jerry Chen and Chuck Holloway are independent board members.Here is the list of Rhumbix's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 5m | |
kj{q{nc | Independent board member | - | Current | 5y 8m |
rrhoinh | Independent board member | - | Current | 6y 8m |
fiepqyu | Independent board member | - | Current | 8y 3m |
rwrinui | Independent board member | - | Current | 9y 9m |
jfi{kjj | Independent board member | - | Current | 2y 2m |
bmfqodd | Independent board member | - | Current | 7y 8m |
{{quzzh | Independent board member | - | Current | 2y 1m |
dckoqgq | Independent board member | - | Current | 4y 6m |
View details of Rhumbix's Founder profiles and Board Members
Rhumbix's employee count trend
Rhumbix has 24 employees as of Oct 26. Here is Rhumbix's employee count trend over the years:
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Rhumbix's Competitors and alternates
Top competitors of Rhumbix include Buildforce, Workyard and Jizaie. Here is the list of Top 10 competitors of Rhumbix, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Buildforce 2019, Houston (United States), Series A | Provider of staffing and workforce management tools for electrical contractors | $30.2M | 66/100 | |
2nd | Rhumbix 2014, San Francisco (United States), Series B | AI-powered SaaS-driven timekeeping and safety management software for construction professionals | $53M | 53/100 | |
3rd | Workyard 2015, San Mateo (United States), Series A | Online marketplace to hire construction professionals | $10.7M | 52/100 | |
4th | Platform offering remote work support | $6.55M | 51/100 | ||
5th | Busybusy 2010, Saint George (United States), Acquired | web-based time tracking application for SMB construction contractors | $8.5M | 48/100 | |
6th | Provider of construction workforce management software and hardware | $3M | 47/100 | ||
7th | Hammr 2008, San Francisco (United States), Seed | Online marketplace for hiring construction professionals | $525K | 46/100 | |
8th | ConstructionClock 2022, Gatineau (Canada), Seed | Automated time-tracking app for construction teams | $1.45M | 44/100 | |
9th | Riskcast 2017, New York City (United States), Seed | Time and productivity management solution | $720K | 43/100 | |
10th | Planning and task management through agile methodologies in construction | $1M | 42/100 |
Looking for more details on Rhumbix's competitors? Click here to see the top ones
Rhumbix's Investments and acquisitions
Rhumbix has made no investments or acquisitions yet.
Reports related to Rhumbix
Here is the latest report on Rhumbix's sector:
News related to Rhumbix
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Haskell’s Dysruptek Makes Strategic Funding in Rhumbixhttp://investidollar.com•Oct 11, 2022•Haskell, Dysruptek, Rhumbix
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Rhumbix Raises $11M in FundingFinSMEs•Sep 22, 2021•Rhumbix, Blackhorn Ventures, Greylock Partners, Glynn Capital and 2 others
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Rhumbix and CMiC Partnership: Greater Efficiency Through Real-Time DataRhumbix•Aug 08, 2019•Rhumbix, CMiC
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